Chengxi Shipyard bags conversion contract

Shanghai: CSSC Chengxi Shipyard has signed a contract with NASDAQ-listed Rand Logistics for the construction and assembly of a new forebody for a Danish-flagged vessel which will convert the chemical tanker into a bulker.

The vessel is scheduled to be delivered in the second half of 2015. Rand Logistics said that the new vessel will have the largest carrying capacity compared with existing Canadian river-class self-unloaders on the Great Lakes. [30/05/14]